More From IBT Staff Reporter
Not getting enough sleep? Turn off the technology
Dependence on televisions, cellphones and laptops may be costing Americans dearly -- in lack of sleep.
Mar 07, 2011
Lindsay Lohan shoplifting tape to hit Internet soon
The surveillance tape showing troubled actress Lindsay Lohan shopping at a boutique, where she allegedly stole a $2,500 necklace, could soon hit Internet. Kamofie & Co. a boutique jewelry store in Venice, California, has sold the surveillance tape to a company that licensed it to a popular entertainment news show to an undisclosed sum.
Mar 07, 2011
Most economists say Fed easing is helping: survey
Most economists believe the Federal Reserve's bond-purchase program is helping to support U.S. growth, though many remain skeptical, a survey released on Monday found.
Mar 07, 2011
Comcast seeks edge in Hispanic market with website
Comcast Corp, the cable and entertainment company, is making a major push into Spanish-language TV with plans to roll out a website featuring hundreds of shows and movies for Hispanic audiences.
Mar 07, 2011
Food may eclipse oil as spending threat
Food, not oil, may prove to be the bigger threat to global growth, with the pain falling disproportionately upon the developing economies that powered the latest economic recovery.
Mar 07, 2011
Asian stocks slip as oil hits 2-1/2 year highs
U.S. crude prices rose nearly 2 percent to 2- year highs on Monday as worries about supply disruption increased due to deepening unrest in Libya, while Asian stocks declined as concerns about the Middle East also weighed.
Mar 07, 2011
Starbucks CEO eyes acquisition for consumer products: report
Starbucks Corp may go for acquisitions over the next 12-18 months to expand its consumer products business, Chief Executive Howard Schultz told the Wall Street Journal in an interview.
Mar 07, 2011
China state newspaper's web portal eyes June IPO
People.com.cn, the online news portal run by the mouthpiece of the Chinese communist party, will list in Shanghai as early as June, a person familiar with the matter said on Monday.
Mar 07, 2011
Oil hits 2.5-year highs as Libya turmoil deepens
Crude oil prices rose to 2-1/2 year highs on Monday on heightened worries about supply disruption due to deepening unrest in Libya, while Asian stocks slipped as concerns about the Middle East and higher energy prices weighed on equities.
Mar 07, 2011
Russia initiative to woo private equity: source
International private equity firms may be tempted to Russia by two potential initiatives -- a fund and a committee to look at investment in the country, a source briefed on the situation said on Sunday.
Mar 07, 2011
LVMH to take controlling stake in Italy's Bulgari: report
French luxury group LVMH is to take a controlling stake in Italy's luxury jeweler Bulgari in an all-share deal, the Financial Times reported.
Mar 06, 2011
Couple overcomes groom's illness with Skype wedding
A California couple whose wedding plans appeared thwarted when a lung infection landed the groom in the isolation ward of a hospital got married anyway over the weekend, in a ceremony conducted over Skype.
Mar 06, 2011
BOJ sees deflation easing but keeps easy policy bias
Japan is expected to make progress in beating deflation but risks to its economy remain, a senior Bank of Japan official said, stressing that the central bank is sticking to its ultra-easy policy bias.
Mar 06, 2011
London Stock Exchange mulls Nasdaq takeover: report
The London Stock Exchange is eyeing a takeover of its rival Nasdaq just weeks after announcing a merger with the Toronto stock exchange, the Sunday Times reported.
Mar 06, 2011
Deutsche Boerse will have upper hand in NYSE merger: CEO
Deutsche Boerse will have the upper hand in the planned mega-merger deal with NYSE Euronext , the exchange operators' chief executive told a paper, as fears of fading significance linger.
Mar 06, 2011
U.S. keeps oil options open as gasoline surges
The government reiterated on Sunday that it could tap its strategic oil reserves in order to safeguard economic growth as surging gasoline prices threaten to amp up pressure for action.
Mar 06, 2011
U.S. military's mini space shuttle lifts off
A prototype miniature space shuttle blasted off aboard an unmanned Atlas 5 rocket from Cape Canaveral Air Force Station on Saturday for a demonstration run that could last as long as nine months.
Mar 06, 2011
Gold and iron expected to rise, copper steady
Gold should push higher from its near-record levels due to its appeal as a safe haven, while iron ore should regain its upward momentum on the back of red-hot industrial demand from Asia, forecasters told the world's larger mining conference on Sunday.
Mar 06, 2011
HSBC considering move to Hong Kong: report
Europe's biggest bank HSBC may move its headquarters from London to Hong Kong because of what it sees as high levels of tax and red tape in the UK, according to a report in the Sunday Telegraph.
Mar 06, 2011
U.S. keeps oil reserves options open as gasoline surges
The government reiterated on Sunday that it could tap its strategic oil reserves in order to safeguard economic growth as surging gasoline prices threaten to amp up pressure for action.
Mar 06, 2011
GFMS says precious metals prices may go higher
Euan Rocha and Julie GordonMetals consultant GFMS sees considerable upside in global precious metals prices as an investor safe haven, its Chairman Philip Klapwijk told the world's largest mining conference on Sunday.
Mar 06, 2011
New investors bring financing bonanza to junior miners
A whole new class of conservative investor is piling into the mining sector -- once the exclusive domain of daring risk-takers -- bringing a bonanza of funding options to junior miners racing toward production.
Mar 06, 2011
German business lobbies call for tough euro rules
Germany's main business lobbies on Sunday called on countries sharing the euro currency to adopt tough rules at an upcoming summit aimed at sorting out Europe's debt crisis.
Mar 06, 2011
Nude photos of Chris Brown leaked online
MTV.com is reporting that nude photos of singer Chris Brown were leaked online on Friday.
Mar 06, 2011
Charlie Sheen speaks to fans through live webcast
Following his numerous interviews during the past Week, Charlie Sheen decided to do a live broadcast on the Internet Saturday night.
Mar 06, 2011
Athens Is 'World's Most Flirtatious City'; New York Ranks 89
Athens, the home of Socrates, Plato and Aristotle, is the world's most flirtatious city, followed by Moscow, while New York only just makes the top 100, a new study of online flirting showed.
Mar 06, 2011
Ireland aims to woo Europe with fiscal obedience
Ireland's new government will stick to the budget targets laid down in an 85 billion euro EU/IMF rescue package as it seeks to win European partners round to giving it easier terms on the loans.
Mar 06, 2011
Liverpool smile as Kuyt and Suarez crush Manchester United
It was a sensational victory for Liverpool as forward Dirk Kuyt scored a hat-trick to down bitter-rivals Manchester United 3-1 in a deserved win at Anfield.
Mar 06, 2011
Glencore seen choosing chairman as banks vie for IPO
Glencore is reported to have lined up one-time BP executive Rodney Chase as chairman, ahead of a possible flotation that has banks scrambling to resolve client conflicts in the hope of picking up hefty fees.
Mar 06, 2011
Stocks hit oil slick but economy to trump
Stocks will take their cues from the oil market this week as unrest rumbles through the Middle East. But so far equity investors are sanguine, believing the economic recovery wins the day.
Mar 06, 2011
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